Core Points - Firan Technology Group Corporation (FTG) has received approval from the Toronto Stock Exchange (TSX) for a Normal Course Issuer Bid (NCIB) to repurchase up to 1,258,669 common shares, approximately 5% of its outstanding shares as of September 16, 2025 [1][2] - The repurchase program will commence on September 30, 2025, and will last for 12 months, concluding on September 29, 2026, or when the purchases are completed [1][2] - FTG did not repurchase any shares under its previous NCIB, which allowed for the repurchase of 1,193,740 shares [3] Company Overview - FTG operates in the aerospace and defense electronics sector, supplying products and subsystems globally [5][6] - The company has two main operating units: FTG Circuits, which manufactures high-reliability printed circuit boards, and FTG Aerospace, which designs and manufactures illuminated cockpit products and electronic assemblies [5][6] - FTG has operations in multiple locations, including Toronto, California, Virginia, Minnesota, Massachusetts, and a joint venture in Tianjin, China [5][6]
Firan Technology Group Corporation Announces Acceptance by TSX of Normal Course Issuer Bid Renewal
Globenewswireยท2025-09-25 21:30